80% of Stimulus Dollars For Wind Power Goes to Foreign Companies- Including China.
Thanks to the Pelosi-Reid-Obama Stimulus a Chinese company is helping build a massive wind farm in west Texas. The firm will receive $450 million in Stimulus cash. The project will save or create 300 jobs in Texas and 2,000 manufacturing jobs in China.
That’s what democrats call success.
Advertisement - story continues below
Click Photo For Video
Jon Karl from ABC News found that most green jobs created by the stimulus are created in China.
Finally democrats are acting to keep their failed stimulus jobs in the US.
The AP reported:
A group of Democratic senators is urging the Obama administration to suspend an economic stimulus program aimed at financing renewable energy, complaining that money is going to projects that are creating jobs in foreign countries.
The four senators, led by Chuck Schumer of New York, wrote to Treasury Secretary Timothy Geithner on Tuesday to request a moratorium on the Recovery Act program. They asked that the moratorium remain in place until they can pass legislation mandating stimulus aid flow only to projects which preserve and create U.S. jobs.
“A critical Recovery Act priority is investment in the domestic renewable and clean energy industry, not investment in foreign manufacturers,” the senators wrote in the letter, obtained Tuesday by The Associated Press. The letter, which will be disclosed at a news conference Wednesday, was also signed by Sens. Sherrod Brown of Ohio, Robert Casey of Pennsylvania and Jon Tester of Montana.
The lawmakers cited a report by the Investigative Reporting Workshop which found that a majority of the program’s grants went to foreign-owned companies, and that a majority of the turbines purchased with the money were built by foreign manufacturers.